Profile of PancakeSwap


PancakeSwap

PancakeSwap is the leading DEX on the BNB Smart Chain, offering token swaps, yield farming, and lottery features. It doesn't natively offer borrowing, but users can farm CAKE tokens or use assets gained from PancakeSwap as collateral in other DeFi protocols on BNB Chain. Some integrations enable borrowing using LP tokens. It’s a user-friendly gateway into DeFi on BSC.


Detailed feature breakdown for PancakeSwap
PancakeSwap
Type DeFi DEX Pools
Supported Assets BNB, BSC Tokens, Stablecoins
APY Range (%) 5%–100%+
Impermanent Loss Risk High
Fees Trading Fees
Security Measures Audits, Bug Bounties
Complexity Beginner–Moderate
Blockchain(s) Binance Smart Chain
Lock-up Periods None to 52 weeks (varies by pool)
Governance Token CAKE

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